Brief: Uni-Select Announces Acquisition To Expand Its Presence In Ontario

Uni-Select

25/07/2022 14:53

July 25 (Reuters) - Uni-Select Inc  UNS.TO :
    * UNI-SELECT ANNOUNCES ACQUISITION TO EXPAND ITS PRESENCE IN
ONTARIO
    * UNI-SELECT INC - ENTERED INTO A DEFINITIVE AGREEMENT TO
ACQUIRE
MASLACK SUPPLY LIMITED AND RELATED REAL PROPERTIES, EXPANDING
ITS PRESENCE IN ONTARIO
    * UNI-SELECT INC - PLANS TO FUND TRANSACTION USING AMOUNTS
AVAILABLE UNDER ITS CREDIT FACILITY
    * UNI-SELECT INC - FOLLOWING TRANSACTION, MASLACK'S CORE
MANAGEMENT WILL REMAIN IN PLACE AND WILL KEEP LEADING OPERATIONS
    * UNI-SELECT INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY
ACCRETIVE TO UNI-SELECT'S NET EARNINGS

Source text for Eikon:  ID:nCNW5lHHla 
Further company coverage:  UNS.TO 

 ((Reuters.Briefs@thomsonreuters.com;))